LONDON, Jan 23 (Reuters) - Arabic coffee futures on ICE rose on Monday, extending the market's rebound from a 1-1/2 year low set earlier this month, while cocoa futures also gained.
COFFEE
* March arabica coffee rose 1.7% to $1.5750 per lb by 1447 GMT after setting a two-week high of $1.5825.
* Dealers noted strong premiums in the physical market had encouraged some buyers to turn to ICE certified stocks, leading to a pick-up in withdrawals from exchange warehouses.
* ICE certified coffee stocks stood at 851,625 bags as of Jan. 20, down from a six-month high of 859,564 bags set a day earlier. There were 63,160 bags pending grading.
* March robusta coffee fell 0.3% to $1,937 a tonne.
* Uganda's coffee exports in December plunged 22% compared with the same month a year earlier, driven down by the impact of drought in some coffee-growing areas, according to the state-run sector regulator.
COCOA
* March New York cocoa rose 1.7% to $2,613 a tonne, regaining some ground after falling by 3% last week.
* Supportive factors included hot and dry weather in most of Ivory Coast's cocoa-growing regions last week, which could reduce the size of the April-to-September mid-crop.
* Weak demand remained a concern, however, with last week's fourth-quarter grind data showing year-on-year declines in Asia (0.2%), Europe (1.7%) and North America (8.1%).
* March London cocoa rose 1.8% to 2,013 pounds a tonne.
SUGAR
* March raw sugar fell 0.35% to 19.66 cents per lb.
* Speculators increased their bullish bets on raw sugar futures on ICE U.S. in the week to Jan. 17, data from the Commodity Futures Trading Commission (CFTC) showed on Friday.
* March white sugar fell 0.2% to $545.20 a tonne. (Reporting by Nigel Hunt Editing by Jan Harvey and David Goodman )
